Total debt service in Tonga
Tonga: Total debt service was 6.3% in 2024. ◆ Volatile
Total debt service in Tonga, 1985–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for total debt service in Tonga is 6.3%, measured in 2024. That is the highest value across all 40 years on record.
Compared with earlier readings it is up 129.5% on the previous year and up 329.9% over ten years.
Over the whole period, total debt service in Tonga peaked at 6.3% in 2024 and was at its lowest, 0.9%, in 2021.
Tonga ranks 35th of 121 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Tonga, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1985 | 1.3% | — |
| 1986 | 1.3% | -0.4% |
| 1987 | 1.4% | +3.5% |
| 1988 | 1.1% | -17.5% |
| 1989 | 1.2% | +5.1% |
| 1990 | 1.7% | +39.2% |
| 1991 | 1.2% | -24.4% |
| 1992 | 1.2% | -7.1% |
| 1993 | 1.2% | +6.7% |
| 1994 | 1.3% | +7.4% |
| 1995 | 1.5% | +14.0% |
| 1996 | 1.5% | +0.0% |
| 1997 | 1.9% | +23.2% |
| 1998 | 1.8% | -1.3% |
| 1999 | 2.2% | +19.0% |
| 2000 | 2.4% | +8.4% |
| 2001 | 1.6% | -34.3% |
| 2002 | 1.9% | +22.9% |
| 2003 | 1.8% | -4.3% |
| 2004 | 1.9% | +3.4% |
| 2005 | 2.0% | +4.1% |
| 2006 | 1.5% | -25.4% |
| 2007 | 1.7% | +12.0% |
| 2008 | 1.6% | -4.7% |
| 2009 | 1.2% | -24.1% |
| 2010 | 1.3% | +11.1% |
| 2011 | 1.4% | +5.9% |
| 2012 | 1.3% | -6.7% |
| 2013 | 1.4% | +8.3% |
| 2014 | 1.5% | +3.4% |
| 2015 | 1.5% | -1.2% |
| 2016 | 1.4% | -0.5% |
| 2017 | 1.2% | -19.5% |
| 2018 | 1.8% | +57.8% |
| 2019 | 1.0% | -43.9% |
| 2020 | 1.1% | +7.6% |
| 2021 | 0.9% | -20.7% |
| 2022 | 1.9% | +115.9% |
| 2023 | 2.8% | +45.2% |
| 2024 | 6.3% | +129.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.3% | 1.1% | 1.4% | 5 |
| 1990s | 1.6% | 1.2% | 2.2% | 10 |
| 2000s | 1.8% | 1.2% | 2.4% | 10 |
| 2010s | 1.4% | 1.0% | 1.8% | 10 |
| 2020s | 2.6% | 0.9% | 6.3% | 5 |
Countries ranked near Tonga
- 32 Bulgaria 6.8% compare
- 33 Türkiye 6.7% compare
- 34 Côte d'Ivoire 6.5% compare
- 36 Argentina 6.3% compare
- 37 Republic of Moldova 6.2% compare
- 38 Azerbaijan 5.8% compare
More economy & growth data for Tonga
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.3875 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.2 Percent per annum (2029)
- Services, value added (constant LCU), per capita 5,071 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 2.96 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 12.1 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8578 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 5,331 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 12.69 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 2.04 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 12,657 current LCU per person (2024)
Frequently asked questions
- What is total debt service in Tonga?
- Total debt service in Tonga was 6.3% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Tonga?
- The highest recorded value was 6.3% in 2024.
- What is the lowest total debt service recorded in Tonga?
- The lowest recorded value was 0.9% in 2021.
- How does Tonga rank for total debt service?
- Tonga ranks 35th out of 121 countries with data for 2024.
- Is total debt service rising or falling in Tonga?
- Over the last ten years it is up 329.9%. The long-run trend across the full record is volatile.
- Where does this Tonga data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.